Property Details

Chick-fil-A

Manassas, VA
Property ID: 3929

Financial Summary

Asking Price $2,980,000
Cap Rate 4.00%
Net Operating Income (NOI) $119,167
Lease Type Ground Lease, NNN
Increases 12% in Years 2019 & 2024, 10% in Options
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733
Patrick R. Nutt
Managing Partner
703.787.4714

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Highlights

  • Chick-fil-A is committed to the site with an early option to extend initial term to 13+ years
  • 12% rent bumps in 9/2019 & 9/2024
  • Chick-fil-A corporate guaranty
  • Located across the street from Walmart on a hard signalized corner in the grocery anchored Signal Hill Shopping Center
  • Traffic counts of 36,355 VPD

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

9506 Liberia Avenue
Manassas, VA

Traci BidingerChick-fil-A